Frack / Sabbeth - don't shot the messenger - just pointing out that people need to work the numbers and account for inflation. The scenario was based on deposit investments. Of course if you keep your properties or invest in shares then you may be very well off on a $1m super.
Get a 12% return with 5% inflation and a 7% draw down will outlast you and leave a big pot for charity :-)
After 40 years your $1.5m is worth over $8m and be drawing $500k PA pension! In real terms still worth over $100k PA - nice if you can take the risks.
